Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Cliffs Hitting New Lows

...um, no, I'm not talking about their treatment of First Nations. No, not the environment. No, not with respect to their treatment of their junior partners either. I guess my subject line could interpreted in many ways but I am talking about their share price. I know Greece and now Spain are essentially for sale and the world economy is circling the toilet seat but this stock is hitting new 52 week lows and is under $42. Pretty bad for a company that is setting the stage for control of the North American chromite market and pays a lovely $0.625 quarterly dividend and has a strong cash position.

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Jul 25, 2012 11:38AM
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Jul 25, 2012 06:29PM
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